Holtec International is a supplier of equipment and systems for the energy industry founded in
Mount Laurel, New Jersey and based in
Jupiter, Florida, United States. It specializes in the design and manufacture of parts for nuclear reactors. The company sells equipment to manage
spent nuclear fuel from nuclear reactors.
In July 2014, the
New Jersey Economic Development Authority awarded Holtec International a $260 million tax incentive to expand operations at the
Port of Camden.
Those breaks have come under scrutiny.
Holtec makes
storage casks used for
spent nuclear fuel. It intends to send spent fuel to a site in New Mexico, but has met with resistance.
Holtec is scheduled to purchase
Indian Point Energy Center from
Entergy and decommission it starting in 2021.
SMR-160
The Holtec Inherently Safe Modular Underground Reactor SMR-160 is a design of a 160
MWe
The watt (symbol: W) is the unit of power or radiant flux in the International System of Units (SI), equal to 1 joule per second or 1 kg⋅m2⋅s−3. It is used to quantify the rate of energy transfer. The watt is named after James Watt ...
pressurized water reactor (PWR)
small modular reactor.
In February 2018,
GE Hitachi Nuclear Energy agreed to collaborate on the commercialization of the design.
In 2020 an agreement was made to use
Framatome commercially available 17x17 GAIA fuel assembly in the SMR-160.
As of 2020, the SMR-160 is in the first phase of a
Canadian Nuclear Safety Commission pre-licensing review.
[
In 2022, the company asked for a "USD7.4 billion federal loan to enable it to increase capacity for SMR production at its existing manufacturing facilities, to construct and operate four SMR-160s in the USA and to build a new Holtec Heavy Industries (HHI) complex for higher capacity manufacturing of components and modules for SMR-160s."]
References
External links
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Holtec SMR-160
at US NRC
Nuclear fuel companies
Companies based in Palm Beach County, Florida
1986 establishments in New Jersey
Camden, New Jersey
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